Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More
from iFeeltech IT News Mix4 https://techcrunch.com/2018/02/26/geely-becomes-daimlers-largest-shareholder-with-9-billion-stake/?ncid=rss
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